Making the EU Carbon Border Adjustment Mechanism acceptable and climate friendly for least developed countries

Carbon Border Adjustment , Trade and Climate Governance . Issues for OPEC

The relation between the climate regulation and the multilateral trade regime is a rising issue in the field of international governance. This article presents the options available to OPEC economies related to this. It analyses the option of introducing a carbon tax or border adjustment measures in the core of the WTO regime. It demonstrates that this option is not sustainable for both institu...

Low-Carbon Development for the Least Developed Countries

The threat that human-induced climate change poses to many of the least developed countries (LdCs) is profound. Greater dependence on rainfed agriculture and forestry as sources of employment and income makes many of them more vulnerable to climatic changes and variability. many LdCs are already subject to climatic stress because of their location in the Tropics and other areas subject to a hig...

Climate cooperation with technology investments and border carbon adjustment

A central question in climate policy is whether early investments in low-carbon technologies are a useful first step towards a more effective climate agreement in the future. We introduce a climate cooperation model with endogenous R&D investments where countries protect their international competitiveness via border carbon adjustments (BCA). BCA raises the scope for cooperation and leads to a ...

Border Carbon Adjustment: Not a Very Promising Climate Policy Instrument

Carbon Border Adjustment , Trade and Climate Governance . Issues for OPEC Economies

The relation between the climate regulation and the multilateral trade regime is a rising issue in the field of international governance. This article presents the options available to OPEC economies related to this. It analyses the option of introducing a carbon tax or border adjustment measures in the core of the WTO regime. It demonstrates that this option is not sustainable for both institu...